Jour Fixe 92 | Olt Gergely, Simonovits Borbála, Bernát Anikó, Csizmady Adrienne: Short term rentals, the commodification of real-estate and gentrification in post-socialist Budapest – changing strategies of„marginal landlords” and the effects of COVID-19

2022. április 7.

A Társadalomtudományi Kutatóközpont (MTA Kiváló Kutatóhely)

Szociológiai Intézete
tisztelettel meghívja 92. Jour Fixe eseményére

Olt Gergely, Simonovits Borbála, Bernát Anikó, Csizmady Adrienne: Short term rentals, the commodification of real-estate and gentrification in post-socialist Budapest – changing strategies of„marginal landlords” and the effects of COVID-19

Előadó: Olt Gergely (TK SZI)

Szerzők: Olt Gergely (TK SZI), Simonovits Borbála (Eötvös Loránd Tudományegyetem Pedagógiai és Pszichológiai Kar) Bernát Anikó (TÁRKI) Csizmady Adrienne (TK SZI)

Hozzászólók: Hegedűs József Ph.D. Városkutatás, Jelinek Csaba Ph.D. KRTK RKI

Időpont: 2022. április 07. csütörtök 13:00

Helyszín: Az eseményt hibrid formában tartjuk meg.

Személyesen: Szociológiai Intézet 1097 Budapest Tóth Kálmán utca 4.; B.1.15 tárgyaló

Online: Zoom link:

https://us06web.zoom.us/j/85130114384?pwd=ek01NTRrRWNjNkN3MXcrOG1qbWVoUT09
Passcode: 576609

Absztrakt

In this paper we suggest to take into account the social processes behind commodification and de-commodification of housing, besides the formal economic logic of universally assumed disinvestment-reinvestment cycles, to explain gentrification in different contexts. We argue that the increase of potential ground rent is closely related to real estate commodification. This theoretical framework can help us to explain cases of gentrification where reinvestment was limited but after certain social and political changes property price increase, displacement and exclusion occurred.
An example for this is the gentrification in Budapest, where commodification of housing was affected by the increase of tourism consumption and the appearance of short term rentals (STRs). These factors appeared in Southern European examples too, but the processes and mechanisms in Budapest were strongly affected by the ongoing consequences of post-socialist transformation as well. We use our earlier research results about housing preferences and about the transformation of Budapest’s historic inner city, and more recent interviews with “marginal landlords” who appeared on the STR market, to present changes in the perception of real estate related to commodification. The consequences of the COVID-19 pandemic also illustrate that real estate market processes are not determined by economic “laws”, but are embedded in social contexts.

A teljes tanulmány kérésre elkérhető a szerzőktől: olt.gergely@tk.hu